PD 2012 Section 5

Capital Stock.

Section 5

SEC. 5. Capital Stock.—The Company shall have an authorized capital stock of One Hundred Billion Pesos (P100,000,000,000.00), divided into one hundred million shares with a par value of One Thousand Pesos (P1,000.00) per share, to be fully subscribed to and paid up by the Republic of the Philippines, or by any of its agencies, instrumentalities and subdivisions, including government-owned or controlled corporations. The Government is hereby authorized to appropriate funds out of the National Treasury for the purpose of paying the subscription of the Republic of the Philippines to the capital stock of the Company.

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Other provisions in PD 2012

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 2012 Section 5 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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